EBay is splitting off its fastest growing segment, mobile payment service PayPal, the e-commerce company said Tuesday. Investors applauded the news, sending eBay’s shares up nearly 7 percent in ...
It’s hard to believe that a decade has passed since eBay’s purchase of PayPal for $1.5 billion closed in October 2002. At the time, eBay was the dominant e-commerce player on the web, and PayPal was ...
PayPal has stepped up its war with eBay-owned Billpoint, leaving some auction sellers feeling caught in the cross fire. Last week, PayPal e-mailed auction sellers who use its online payment services, ...
In just a couple of weeks, eBay and PayPal will no longer be bound together at the hip, ending a 13-year corporate marriage. The plan was originally announced last year, and last week, the company ...